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Online nowAliasinkhorn: .Ink. is a single guy from Huntington, New York, USA.; Likes 3,860 pages, 78 videos, 338 photos • 187 fans • Received 43 reviews; Member since Nov 01, 2007

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Truth in 2008: Aug 23, 10:04pm 1 review accounting, economics, us, finance
http://www.truthin08.org/; . A great site, if you enjoy truth. .

Truth in 2008 - Debt Clock Widget: Aug 23, 9:54pm 1 review economics, politics, us, us-national-debt
http://www.truthin08.org/widget/; U.S. Debt Clock Widget From the page: "We're working to bring the financial truth to the 2008 elections, and we need your help! Add the Truth in 2008 debt clock to your site and help spread the shocking truth national debt. Choose one of the following sizes below, and copy and paste the code into your site." Take a look at this. Highly recommended. You don't need to be an economist to understand the implications. I have yet to hear from any political candidate how they intend to remedy this problem. I do know that Obama has intentions to increase spending and raise taxes. He doesn't square with reality. Nor econmics. In fact he doesn't even square with intelligence. On the other hand, the president doesn't pass spending bills. The Congress does. If I ran my business the way Congress runs the country financially, I'd be in jail. .

America the Uncompetitive - WSJ.com: Aug 15, 12:55pm 1 review investing, us, taxes, obama, corporate-taxes, us-competitiveness
http://online.wsj.com/article/SB121875570585042551.html?mod=djemEditorialPage; America the Uncompetitive From the page: "In Washington, meanwhile, the politicians are still living in their own populist alternative universe. Last week Senator Byron Dorgan of North Dakota waved around a new politically generated study by the Government Accountability Office (GAO) finding that 28% of large U.S. corporations paid no income tax in 2005. "It's time for big corporations to pay their fair share," Mr. Dorgan roared. Well, the Tax Foundation looked at those numbers and found that, among the large companies that paid no taxes, 85% of them also made no profits that year. American Airlines and General Motors escaped income tax for 2005 through the clever tax dodge of losing $862 million and $10.5 billion, respectively. How unpatriotic. The GAO data only add to the case for cutting U.S. corporate rates. America now has the worst of all worlds: high corporate tax rates, but also lots of loopholes passed by Congress at the behest of favored businesses to avoid the confiscatory rate. This imposes huge compliance costs as businesses scramble to exploit the loopholes, with the result of less revenue for the government. The average European nation has tax rates on corporate income 10 percentage points lower than the U.S., but those countries on average raise 50% more as a share of GDP in corporate taxes than does the U.S., according to a 2007 study by the Treasury Department. Ireland with its 12.5% rate captures a higher share of its GDP (3.4%) in corporate taxes than the U.S. does (2.5%) with its 39.3% rate. To correct this revenue dearth, Barack Obama and Democrats in Congress are proposing to pry more tax money out of U.S. companies that have profitable affiliates outside the U.S. Mr. Obama is also shamelessly taking the Byron Dorgan line that the problem is venal U.S. CEOs rather than the nutty U.S. tax code." Obama, and the New Far Left in the Congress, would have Americans believe the only virtue in America is resident in the Congress. I say unapologetically, the Liars from Hell reside in the Congress. And to support this declaration is the fact that these Political Imps' approval ratings collectively are worse than the man they point to all the time, President Bush. .

25 Visionaries Who Created Empires From Virtually Nothing | Business Pundit: Aug 6, 11:14am 27 reviews business, history, us, visionaries, risk-takers
http://www.businesspundit.com/25-visionaries-who-created-empires-from-virtual...; 25 Visionaries Who Created Empires From Virtually Nothing From the page: "Some of the greatest fortunes and empires in history were created by people who started with nothing. Today, we celebrate 25 of these iconic figures - businessmen, technology entrepreneurs, even celebrities and athletes - by recalling the tales of their rise to glory. Don't feel bad if your favorites aren't on the list, this is just a glimpse of the many visionaries we've seen throughout history and there are countless others who also deserve attention. While each of them took a slightly different path to financial greatness, virtually all of them started from very humble beginnings. In no particular order.... " Tip my hat to JanineFlynn

ABC News: Bush OKs Execution of Army Prisoner Convicted of Rape and Murder: Jul 28, 5:51pm 1 review crime, us, military-justice, death-sentence, military-execution
http://abcnews.go.com/Politics/wireStory?id=5467854; Bush OKs Execution of Army Death Row Prisoner AP Exclusive: Bush approves military execution, first president to do so since 1957 From the page: "President Bush on Monday approved the execution of an Army private, the first time in over a half-century that a president has affirmed a death sentence for a member of the U.S. military. With his signature from the Oval Office, Bush said yes to the military's request to execute Ronald A. Gray, the White House confirmed. Gray had had been convicted in connection with a spree of four murders and eight rapes in the Fayetteville, N.C., area over eight months in the late 1980s while stationed at Fort Bragg. . . . Members of the U.S. military have been executed throughout history, but just 10 have been executed by presidential approval since 1951 when the Uniform Code of Military Justice, the military's modern-day legal system, was enacted into law. President Kennedy was the last president to stare down this life-or-death decision. On Feb. 12, 1962, Kennedy commuted the death sentence of Jimmie Henderson, a Navy seaman, to confinement for life. President Eisenhower was the last president to approve a military execution. In 1957, he approved the execution of John Bennett, an Army private convicted of raping and attempting to kill an 11-year-old Austrian girl. He was hanged in 1961." .

The global economy is at the point of maximum danger - Telegraph: Jul 21, 8:39am 3 reviews business, asia, us, debt, eu
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/21/ccview121.xml; The global economy is at the point of maximum danger From the page: "Oil has queered the pitch. So has America's fatal reliance on foreign debt. The Fannie/Freddie rescue, incidentally, has just lifted the US national debt from German 'AAA' levels to Italian 'AA-' levels. China, Russia, petro-powers and other foreign states own $985bn of US agency debt, besides holdings of US Treasuries. Purchases of Fannie/Freddie debt covered a third of the US current account deficit of $700bn over the last year. Alex Patelis from Merrill Lynch says America faces the risk of a "financing crisis" within months. Foreigners have a veto over US policy. Japan did not have this problem during its Lost Decade. As the world's supplier of credit, it could let the yen slide. It also had a savings rate of 15pc. Albert Edwards from Société Générale says this has fallen to 3pc today. It has cushioned the slump. Americans are under water before they start. My view is that a dollar crash will be averted as it becomes clearer that contagion has spread worldwide. But we are now at the point of maximum danger. Britain, Japan, and the Antipodes are stalling. Denmark is in recession. Germany contracted in the second quarter. May industrial output fell 6pc in Holland and 5.5pc in Sweden. The coalitions in Belgium and Austria have just collapsed. Germany's left-right team is fraying. One German banker told me that the doctrines of "left Nazism" (Otto Strasser's group, purged by Hitler) had captured the rising Die Linke party. The Social Democrats are picking up its themes to protect their flank. This is the healthy part of Europe. Further south, we are not far away from civic protest. BNP Paribas has just issued a hurricane alert for Spain. Finance minister Pedro Solbes said Spain is facing the "most complex" economic crisis in its history. Actually, it is very simple. The country was lulled into a trap by giveaway interest rates of 2pc under EMU, leading to a current account deficit of 10pc of GDP. A manic property bubble was funded by foreigners buying covered bonds and securities. This market has dried up. Monetary policy is now being tightened into the crunch by the ECB, hence the bankruptcy last week of Martinsa-Fadesa (€5.1bn). With Franco-era labour markets (70pc of wages are inflation-linked), the adjustment will occur through closure of the job marts. China, India, East Europe and emerging Asia have all stolen growth from the future by condoning credit excess. To varying degrees, they are now being forced to pay back their own "inter-temporal overdrafts". If we are lucky, America will start to stabilise before Asia goes down. Should our leaders mismanage affairs, almost every part of the global system will go down together. Then we are in trouble." .

McClatchy Washington Bureau | 07/18/2008 | Power of one: Pelosi vows to block of…: Jul 20, 4:52pm 1 review politics, us, oil, oil-drilling, pelosi, offshore-drilling
http://www.mcclatchydc.com/staff/rob_hotakainen/story/44731.html; Power of one: Pelosi vows to block offshore drilling vote From the page: "A plan to lift the ban on coastal drilling is stalled on Capitol Hill, for one simple reason: A Californian who opposes President Bush's proposal is calling the shots in the House of Representatives. Despite growing public support for ending the ban, even in California, Democratic House Speaker Nancy Pelosi said she won't allow a vote. "I have no plans to do so," Pelosi said Thursday. It's an example of the vast power placed in the office of the speaker, who sets the agenda for the 435-member House. Members can force a vote if enough of them sign a petition, but that's a rarity because it requires rank-and-file Democrats to line up against their boss. In this case, Pelosi is going against a rising tide of public opinion. Faced with rapidly increasing gasoline prices, 73 percent of Americans now favor offshore drilling, according to a poll conducted by CNN/Opinion Research Corp. Support is even growing in California, where a majority of residents have long supported the ban. A new Field Poll survey shows that just 51 percent now favor the ban, compared with 56 percent in 2005. Pelosi made her remarks in a wide-ranging interview with CNN, in which she grabbed headlines for saying Bush was "a total failure" who had lost credibility with Americans on his handling of the war, the economy and energy issues. She said Congress has been forced "to sweep up after his mess over and over and over again."" The attractiveness of individual intelligence can be a matter of taste, and in the case of Pelosi I must say, or choke with a lie, that she is not an attractively intelligent person. But as they say in Eastern Europe, she would have made one hell of a fine Bolshevik. .

Beijing Olympics: Battle for gold offers China first chance to defeat America -…: Jul 20, 3:21pm 1 review china, us, olympics, gold-medals
http://www.telegraph.co.uk/news/worldnews/asia/china/2308979/Beijing-Olympics...; Beijing Olympics: Battle for gold offers China first chance to 'defeat' America The Olympic host is straining every sinew to dislodge the US from the top of the medals table, a badge of global superpower status. From the page: "China's emerging rivalry with America as a global superpower will move into the sporting arena next month as its Olympic athletes strive to oust their US counterparts from the top of the medals table for the first time. In a showdown reminiscent of the Cold War-era battles for Olympian dominance, China has put unprecedented effort into ensuring that Beijing 2008 will be a sporting triumph as well as a logistical one. With their athletes already dominant in events such as gymnastics, table tennis and martial arts, Chinese sporting chiefs have spent the past few years focusing on disciplines where Americans have traditionally excelled, including swimming, basketball and athletics. Such is the host nation's eagerness to sweep the board that it has borrowed Western sporting expertise: honing the skills of the Chinese women's basketball team, for example, is the Australian coach Tom Maher. He was drafted into the job to replace the Chinese coach after the team failed to make the top eight in the 2004 Athens Olympics. China's attempt to end America's run of supremacy at the last three Games will add an East-West frisson not seen since the demise of the Soviet Union, which topped the medals board eight times in the post-war period. While the rest of the world's eyes will be on the heroics of the individual contestants, Chinese officials will pay closest attention to the total medal tally. Some expect America to take an early lead with the many swimming events in the first few days - but be squeezed by China as other disciplines kick in." .

Desk rage spoils workplace for many Americans| Reuters: Jul 10, 6:05am 1 review us, work-rage, desk-rage
http://www.reuters.com/article/topNews/idUSN0947145320080710?feedType=RSS&fee...; Desk rage spoils workplace for many Americans | Reuters From the page: "Nearly half of U.S. workers in America report yelling and verbal abuse on the job, with roughly a quarter saying it has driven them to tears, research has shown. Other research showed one-sixth of workers reported anger at work has led to property damage, while a tenth reported physical violence and fear their workplace might not be safe. "It's a total disaster," said Anna Maravelas, author of "How to Reduce Workplace Conflict and Stress." "Rudeness, impatience, people being angry -- we used to do that kind of stuff at home but at work, we were professional. Now it's almost becoming trendy to do it at work. . . . Spector said his research has found 2 percent to 3 percent of people admit to pushing, slapping or hitting someone at work. With roughly 100 million people in the U.S. work force, he said, that's as many as 3 million people." .

FIXING THE NATION'S SACRED MOMENT - New York Post: Jul 4, 9:31pm 1 review real-estate, us, declaration-of-independence, 4th-of-july
http://www.nypost.com/seven/07042008/postopinion/opedcolumnists/fixing_the_na...; FIXING THE NATION'S SACRED MOMENT - New York Post From the page: "MECKLENBURG COUNTY, N.C. THE impatient patriots here had splen didly short fuses in 1775. Those who tilled the startlingly red clay or who lived in the town named for George III's wife Charlotte might have been bemused had they foreseen the annual hoopla that commemorates July 4, 1776. What occurred that day in Philadelphia might have been a Declaration of Independence, but the first such was enacted here on May 20, 1775. Presbyterians, meaning most Mecklenburgers, were incensed by Anglican meddling from London, such as the Vestry and Marriage Acts of 1769, which imposed fines on Presbyterian ministers who conducted marriage ceremonies. On May 19, 1775, the day before the Mecklenburg convention met to act on such grievances, a rider arrived with news about the April bloodshed at Lexington and Concord, Mass. The next day, Mecklenburg's convention declared: "We the citizens of Mecklenburg County do hereby dissolve the political bands which have connected us to the mother country . . . We do hereby declare ourselves a free and independent people . . . to the maintenance of which independence, we solemnly pledge to each other our mutual cooperation, our lives, our fortunes, and our most sacred honor." Thus did a settlement on the British Empire's fringe declare war on that empire. It used language - note, especially, the last nine words - echoed in the 1776 declaration, for reasons explained in a new book, "The 4th of July and the Founding of America," by Peter de Bolla of King's College, Cambridge. He is fascinated by Americans' fascination with the fact that their country had, as few nations can claim, an "originative moment." But what, and when, was it? The Declaration of Independence was not signed that day by the 56 persons whose signatures would eventually adorn it. Perhaps no one signed it that day; the evidence is murky. Still, uncountable millions believe otherwise because they have seen John Trumbull's painting, in the US Capitol's rotunda, depicting Thomas Jefferson, at the center of six colleagues, holding "his" Declaration on July 4, as though for signing. What Congress actually did that day was agree to print and publish the Declaration authorized two days earlier. So, was July 2 what de Bolla calls the "punctual moment"? John Adams thought that day "will be the most memorable Epocha, in the History of America." ..."